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The paper shows that interjurisdictional competition for mobile factors of production forces the government to raise the efficiency of the public sector and, thus, helps to tame Leviathan governments. However, this result is derived under some restrictive assumptions concerning the kind of tax...
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Does oil make countries autocratic? Can foreign aid make countries democratic? Does taxation lead to representation? In this book, Kevin M. Morrison develops a novel argument about how government revenues of all kinds affect political regimes and their leaders. Contrary to conventional wisdom,...
Persistent link: https://www.econbiz.de/10010469715
The author chronicles the rise of what he calls the New New Left, beginning with President Lyndon Johnson's War on Poverty in the 1960s, and lays the blame for the economic meltdown of the early twenty-first century to the bigger government and more public spending agenda of the political powerhouse
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